Sec Form 4 Filing - Carling Guy @ Monster Beverage Corp - 2023-03-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Carling Guy
2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [ MNST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President of EMEA
(Last) (First) (Middle)
1 MONSTER WAY
3. Date of Earliest Transaction (MM/DD/YY)
03/12/2023
(Street)
CORONA, CA92879
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/12/2023 M 420 A 14,065 D
Common Stock 03/12/2023 F 198 D $ 100.32 13,867 D
Common Stock 03/13/2023 M 1,400 A 15,267 D
Common Stock 03/13/2023 F 658 D $ 100.32 14,609 D
Common Stock 03/14/2023 M 680 A 15,289 D
Common Stock 03/14/2023 F 320 D $ 101.64 14,969 D
Common Stock 03/14/2023 M 2,125 A 17,094 D
Common Stock 03/14/2023 F 999 D $ 101.64 16,095 D
Common Stock 03/14/2023 A( 2 ) 2,900 A $ 0 18,995 D
Common Stock 03/14/2023 F 1,363 D $ 101.64 17,632 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 58.73 ( 3 ) 03/14/2028 Common Stock ( 4 ) 15,000 D
Employee Stock Option (right to buy) $ 51.5 ( 5 ) 06/01/2028 Common Stock ( 4 ) 8,333 D
Employee Stock Option (right to buy) $ 59.67 ( 6 ) 03/14/2029 Common Stock ( 4 ) 13,750 D
Employee Stock Option (right to buy) $ 62.39 ( 7 ) 03/13/2030 Common Stock ( 4 ) 15,000 D
Employee Stock Option (right to buy) $ 88.94 ( 8 ) 03/12/2031 Common Stock ( 4 ) 10,000 D
Employee Stock Option (right to buy) $ 73.23 ( 9 ) 03/14/2032 Common Stock ( 4 ) 23,000 D
Employee Stock Option (right to buy) $ 101.64 03/14/2023 A 10,000 ( 10 ) 03/14/2033 Common Stock 10,000 $ 0 10,000 D
Employee Stock Option (right to buy) $ 101.64 03/14/2023 A 10,000 ( 11 ) 03/14/2033 Common Stock 10,000 $ 0 10,000 D
Restricted Stock Units ( 12 ) ( 13 ) ( 14 ) Common Stock ( 4 ) 3,000 D
Restricted Stock Units ( 12 ) 03/14/2023 M 2,125 ( 15 ) ( 14 ) Common Stock 2,125 $ 0 2,550 D
Restricted Stock Units ( 12 ) 03/13/2023 M 1,400 ( 16 ) ( 14 ) Common Stock 1,400 $ 0 3,850 D
Restricted Stock Units ( 17 ) 03/12/2023 M 420 ( 18 ) ( 14 ) Common Stock 420 $ 0 2,100 D
Restricted Stock Units ( 17 ) 03/14/2023 M 680 ( 19 ) ( 14 ) Common Stock 680 $ 0 6,120 D
Restricted Stock Units ( 17 ) 03/14/2023 A 3,400 ( 20 ) ( 14 ) Common Stock 3,400 $ 0 3,400 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Carling Guy
1 MONSTER WAY
CORONA, CA92879
President of EMEA
Signatures
Paul J. Dechary, attorney-in-fact 03/14/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock.
( 2 )Received upon the achievement of the vesting criteria applicable to the third of three tranches of performance share units granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan (the "2011 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.
( 3 )The options are currently vested.
( 4 )No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
( 5 )The remaining options vest on June 1, 2023.
( 6 )The options are currently vested with respect to 6,250 shares. The remaining options vest on March 14, 2024.
( 7 )The options are currently vested with respect to 4,000 shares. The remaining options vest in two installments as follows: 5,000 shares on March 13, 2024 and 6,000 shares on March 13, 2025.
( 8 )The options are currently vested with respect to 2,500 shares. The remaining options vest in three installments as follows: 2,000 shares on March 12, 2024; 2,500 shares on March 12, 2025 and 3,000 shares on March 12, 2026.
( 9 )The options are currently vested with respect to 2,300 shares. The remaining options vest in four installments as follows: 3,450 shares on March 14, 2024; 4,600 shares on March 14, 2025; 5,750 shares on March 14, 2026 and 6,900 shares on March 14, 2027.
( 10 )The options vest in five installments as follows: 1,000 shares on March 14, 2024; 1,500 shares on March 14, 2025; 2,000 shares on March 14, 2026; 2,500 shares on March 14, 2027 and 3,000 shares on March 14, 2028.
( 11 )The options vest in three installments as follows: 3,333 shares on March 14, 2024; 3,333 shares on March 14, 2025 and 3,334 on March 14, 2026.
( 12 )The restricted stock units were granted under the 2011 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date.
( 13 )The remaining restricted stock units vest on June 1, 2023.
( 14 )Not applicable.
( 15 )The remaining restricted stock units vest on March 14, 2024.
( 16 )The remaining restricted stock units vest in two installments as follows: 1,750 units on March 13, 2024 and 2,100 units on March 13, 2025.
( 17 )The restricted stock units were granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan. Each restricted stock unit re presents a contingent right to receive one share of the Company's common stock as of the vesting date.
( 18 )The remaining restricted stock units vest in three installments as follows: 560 units on March 12, 2024; 700 units on March 12, 2025 and 840 units on March 12, 2026.
( 19 )The remaining restricted stock units vest in four installments as follows: 1,020 units on March 14, 2024; 1,360 units on March 14, 2025; 1,700 units on March 14, 2026 and 2,040 units on March 14, 2027.
( 20 )The restricted stock units vest in five installments as follows: 340 units on March 14, 2024; 510 units on March 14, 2025; 680 units on March 14, 2026; 850 units on March 14, 2027 and 1,020 units on March 14, 2028.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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